Galileo Tech Ltd Tangible Net Worth Ratio
Galileo Tech Ltd tangible net worth ratio. Galileo Tech Ltd (GLTC) has a Tangible Net Worth Ratio of 100.0% as of June 2023. This metric is calculated by deducting intangible assets (ILA0.00) from net assets (ILA4.34 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Galileo Tech Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Galileo Tech Ltd (2021–2022)
Tangible net worth ratio of Galileo Tech Ltd from 2021 to 2022. This chart shows how Galileo Tech Ltd's Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2022. As of June 2023, the ratio stands at 100.0%, reflecting net assets of ILA4.34 Million with intangible assets of ILA0.00 ILA. Check Galileo Tech Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Galileo Tech Ltd Tangible Net Worth Ratio by Year (2021–2022)
Galileo Tech Ltd tangible net worth ratio by year from 2021 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Galileo Tech Ltd from 2021 to 2022, covering 2 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see GLTC market cap.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -49.1% | ILA4.98 Million | ILA7.43 Million | ILA7.60 Million | ▼ -53.2 pp |
| 2021 | 4.1% | ILA16.59 Million | ILA15.91 Million | ILA20.09 Million | — |